Home improvement
Due to the frequent impact of many severe natural disasters, floods and earthquakes, home improvement is one of the common reasons for getting online loans. An online loan may help cover the cost of home repairs in the event of an unexpected disaster.
In addition, in a few other cases, the borrowers get online loans to improve their existing house such as upgrading the wall, repairing the kitchen, expanding the house, etc.
Business
Business is one of the reasons why online loans are popular in the Philippines. The Bangko Sentral ng Pilipinas Financial Survey 2019 indicates that 27% of Filipino adults get loans for business purposes, which is quite a common reason for getting personal loans in the Philippines. If you do not want to wait so long to save enough capital for your business idea, an instant online loan can be an ideal option to cover your startup expenses.
Medical expenses
Necessary medical expenses including periodic health check-ups, or upcoming health insurance payments but still do not have enough money are also reasons why many people seek to borrow online.
Others have sudden health problems, need urgent treatment but do not have the money to pay for hospitalization and treatment costs. At these times, online loans help the users overcome difficult circumstances to focus on medical treatment.
Online loan channels are considered an effective method, helping the borrowers to access cash immediately in medical emergencies.
Tech shopping
Utilities for personal or family life are increasingly diverse, from kitchen equipment, fitness equipment, sport equipment, technology gadgets, making people’s lives more simple, easy and convenient. So if you are temporarily short of funds and still have a small amount of money to experience these benefits, an online loan can help you.
Accidental car damage
Unexpected car damage can cost you an unexpected amount. These are expenses that are not usually included in your monthly budget. An online loan can help you deal with these costs without running into a budget deficit or hurting your savings in such cases.
Digido stands out from its competitors with a fully automated online portal. Digido is a legit and state-licensed online lender. Download App. Apply Online. Highlights: App Available, Providing Fully Automated Service, No Guarantee Deposits Required. 
MoneyCat is a multinational finance company, now available in the Philippines. They are an effective assistant in all your financial matters. 
Cash loans in an hour in the Philippines: sure approval, no credit check, without a credit card and no collateral. Fast loan approval in 15 minutes.
The Crezu Philippines loan interest rates ranges from 30 to 365% per annum. The amount available to you ranges from 1000 to 50000 PHP. 
SosCredit PH is an independent broker who provides consumers with special loan terms and other important information free of charge.
Finbro PH is an online lending platform that will help you get a quick loan for any purpose for every Filipino. At Finbro, receive cash straight to your e-wallet or bank account! Borrow for as low as Php 1,000 and up to Php 50,000!